Six Equipment Manufacturers Join Forces For 'BIG' Consolidation
August 28, 2014 at 3:59 AM (PT)
Six broadcast equipment manufacturers -- ORBAN, SCMS, JAMPRO, DAYSEQUERRA, BW BROADCAST, and STREAMGUYS -- have formed what they call a "new mutually owned entity," BROADCAST INDUSTRY GROUP (BIG), to "promote the consolidation of key manufacturers and service providers in the broadcast industry." While the companies say they remain "mutually exclusive operations, and currently there has been no consolidation or merger of the independent operations," the six equally own the new company and say that BIG's first priority "will be to consolidate sales, marketing, and promotions."
ORBAN CEO/Pres. C. JAYSON BRENTLINGER said, “For over a year I have been working with the largest names in the broadcast manufacturing industry to start the process of industry consolidation. Broadcasters are standing on the threshold of change both from new and emerging technologies, and in the way mobile media is viewed and delivered. The broadcast industry and media content providers must reshape our industry, while remaining profitable in the face of growing competition and meeting the demands of new media trends.”
SCMS President BOB CAUTHEN said, “On the ownership side, the broadcast industry has been changing for years. This is a very mature industry. However, it is also still exciting and lucrative. In order for equipment manufacturers and service companies to continue to grow, we must be engaged, innovative, and be proactive. Consortium's, mergers, and acquisitions are inevitable and will be more common in the next decade. Recently, a number of organizations affiliated with broadcasters, such as NIELSEN and ARBITRON, have either merged or have become part of a consortium. SCMS remains privately owned, and we’ve enjoyed serving this industry for 38 years while providing excellent customer service and maintaining profitability. We plan to continue such positive growth. Being a part of a strong consortium of leading companies in our industry is a smart step in that direction. We intend to be a significant part of their sales and marketing efforts.”
JAMPRO Pres./Radio and TV ALEX PERCHEVITCH said, “As the industry continues to evolve, we too as suppliers need to adapt to the market and needs of our customers. We believe through establishing BIG and increasing our marketing and sales potential we can better serve the industry and our effectiveness in the various markets.”
DAYSEQUERRA President DAVID DAY said, "As many of you know, we have been actively looking to be part of a consolidation in this broadcast space, and BIG is the right combination of companies and talent at the right time to form a symbiotic consortium. We believe the ROI (return on investment) for this effort is tangible and we’re excited to get started."
BW BROADCAST CEO SCOTT INCZ said, "We manufacture quality broadcast products and are headquartered in CROYDON, UK. We are privileged to have been invited to the BIG family, and we hope it will be just that. Not only do the BW products complement that of the other members, but we hope to use our unique position of being in EUROPE to further the group’s interests, both here in the UK, in the EU, and equally around the world. Exciting times are ahead for broadcasting!”
STREAMGUYS President KIRIKI DELANY said, “This is a golden time to be invited to join the BIG founding members in advancing and promoting new technologies of content delivery for a new wave of digital consumer. STREAMGUYS is thrilled to bring our industry leading support and veteran experience to the BIG family. Through working in league and combining historical strengths, BIG enables next generation end-to-end solutions and key strategic value that envelops the entire media landscape.”
And BRENTLINGER concluded, “We spent several months meeting and researching various companies to determine who would strategically fit. All of our founding members and their respective companies were carefully selected to be a part of our industry advancement group for the synergies each company provides. Ultimately the end goal of our group is the consolidation of our mutually exclusive companies into one large company which will be owned and managed by all of the founding members, and we are looking forward to getting started with the current collective sales and marketing effort at hand. We will continue to seek out only the highest quality manufacturers and service providers to join our exclusive group.”
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